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a. 7. Consider the following journal entries. Which one is most likely to be an adjusting journal entry? debit credit Insurance Expense $95,000 Prepaid Insurance

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a. 7. Consider the following journal entries. Which one is most likely to be an adjusting journal entry? debit credit Insurance Expense $95,000 Prepaid Insurance $95,000 b. Accounts Payable $17,000 Cash $17,000 Accounts Receivable $14,000 Sales Revenue $14,000 d. Cash $99,000 Note Payable $99,000 c

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